What is the grant available for?
A financial award, mentorship package and pro-bono support are available to young entrepreneurs based in the United Kingdom and Europe to accelerate their business idea or start-up.
The Young Entrepreneurs Challenge is provided by Verizon and Unloc. The challenge is an annual event that seeks to find cutting-edge young talent across Europe. The 2025 edition of the competition is accepting applications from residents and/or citizens of a mainland European country aged between 16 and 25 years on 1 February 2025.
The deadline for applications is 17 January 2025 (17:00 GMT).
Any eligibility criteria
Business proposals must meet the following criteria:
- Be legal in all mainland European countries.
- Be either a pre-start (not yet trading); or not have been trading for more than three years and have an annual turnover of less than £100,000 (€120,000) in its most recent financial year.
- Be the applicant's own idea and not infringe on the copyright, patent or intellectual property of others.
What grant amounts are available?
The overall winner receives a £10,000 grant. The winner also attends the One Young World 2025 Global Summit in Munich, Germany. This annual event brings together young leaders from 190+ countries and 250+ organisations.
Who provides the grant?
Verizon and Unloc
How to apply for the grant?
To apply please click here.
Contact information:
Verizon and Unloc
Additional information
Closing Date: 17/01/2025
